County Of Ventura Retirement Benefits, The rates reflect the Normal Cost, as well as the costs associated with the Unfunded Actuarial For information on your eligibility in the County’s medical, dental and vision care plans, contact the Ventura County Human Resources Department at (805) 662-6791, or visit the Ventura County Publications Member Handbook VCERA’s Member Handbook contains important information about your retirement plan. If you require more information on the Flexible Benefits Program, contact your Planning for Retirement During quarterly retirement workshops, VCERA presents an overview of the retirement process, eligibility requirements, benefit calculation factors, retirement planning Pension Calculators VCERA’s two pension calculators were created to assist you in your retirement planning. Beneficiaries are individuals designated by a VCERA After being retired from the County of Ventura for six months (180 days), you may be permitted to work for the County of Ventura as extra-help for the greater of 120 days or 960 hours each fiscal year (July Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County For reciprocal benefits to apply, you must retire from all retirement systems on the same day. I hereby elect County of Ventura Retiree Health Benefits Program We would like to show you a description here but the site won’t allow us. Deferred members are vested and Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County This authorization cancels and replaces any authorization I previously signed for the County of Ventura Retiree Health Benefits Program. Reported anonymously by County of Ventura employees. Unlike any other employment benefit, a DB pension plan (VCERA) Members are the centerpiece of VCERA’s mission. Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County $ Your estimated monthly retirement allowance is based on the information you provided is: This document provides only a summary of the main features of the County of Ventura Supplemental Retirement 457 Plan, and the Plan Document will govern in the event of discrepancies. Under certain Legacy Retirement Plan - General Members Monthly Heathcare Benefit With Maximum of $500 ¹ What is VCERA? A multi‐employer, defined benefit (DB) pension plan that provides service retirement, disability retirement and survivor benefits to members and their eligible beneficiaries This authorization cancels and replaces any authorization I previously signed for the County of Ventura Retiree Health Benefits Program. gov or call at (805) 477-1580. Learn more about your membership. Benefits@venturacounty. For Questions regarding Retiree Health Benefits, please contact: For information about eligibility for the County’s medical, dental, and vision care plans, contact the Ventura County Human Resources Department at (805) 662-6791, or visit the Ventura County With this savings, on June 27, 2023, the Ventura County Board of Supervisors approved the creation of the Legacy Retiree Healthcare Premium Subsidy and Reimbursement Plan (“HRA plan”) to mitigate Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County VCERA’s retired members are former employees of a VCERA-participating employer who receive a lifetime monthly benefit from VCERA. • If your work schedule is at least 64 hours per pay period, you are in the Ventura County Employees’ Retirement Association (VCERA) retirement Eligibility You may be eligible for County-sponsored health coverage if: a. If you require more information on the Flexible Benefits Program, contact your NOTE: If you are planning to move out of your health plan service area, contact your Retiree Health Benefits Coordinator by email at Retiree. Under certain Forms - Members can use these forms to request services, apply for retirement, designate beneficiaries, and more. That is why the member-specific resources below were developed — to serve and educate the diverse membership of the retirement association. As a member, your future retirement benefit is not based on how much you and your employ r contribute, nor is it based on stock The VCCCD provides a comprehensive benefits package for its retired employees. Benefits@ventura. I hereby elect County of Ventura Retiree Health The Flexible Benefits Program is regulated by the Internal Revenue Service and subject to change. You will be asked to select your benefit tier and to supply your projected age at retirement, years of retirement As a full-time, regular employee with the County of Ventura, you have a pension through the Ventura County Employees Retirement Association (VCERA) and One of the most valuable benefits offered by your employer is a unique retirement program known as a defined benefit (DB) pension plan. I hereby elect County of Ventura Retiree Health For information about eligibility for the County’s medical, dental, and vision care plans, contact the Ventura County Human Resources Department at (805) 662-6791, or visit the Ventura County This authorization cancels and replaces any authorization I previously signed for the County of Ventura Retiree Health Benefits Program. As a member, your future retirement benefit is not based on how much you and your employ r contribute, nor is it based on stock Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura If your dependent becomes ineligible, you must complete a County of Ventura Enrollment & Change Form and cancel coverage for the dependent or submit a VCHRP Employee Self VCERA is a multi-employer, defined benefit, public pension plan qualified under Section 401(a) of the Internal Revenue Code to administer this lifelong benefit. Click on a section below to learn about VCERA and the valuable benefits it provides. Contribution Rates - Click to view total retirement contribution rates for each employer and benefit tier. A VCERA Benefits Specialist can help explain this process. org or call at (805) 477-1580. One-on-one We realize how important it is that you get the most out of your benefits and it is our goal to provide you with the necessary resources. . Founded in 1947, the Reciprocity grants interchangeable retirement rights or benefits between two or more retirement systems. The corresponding benefit formulas refer to how a member’s monthly benefit is calculated. VCERA’s monthly retirement benefits are payable The County of Ventura Safe Harbor Retirement Plan (Plan), part of the Supplemental Retirement Plan (SRP), is a Social Security Alternative plan that Chapter 1 About This Handbook We realize how important it is that you get the most out of your benefits and it is our goal to provide you with the necessary resources. The County of Ventura is pleased to One of the most valuable benefits offered by your employer is a unique retirement program known as a defined benefit (DB) pension plan. Benefits may differ by classification and union bargaining unit. I hereby elect County of Ventura Retiree Health Benefits Program The County of Ventura’s Safe Harbor Retirement Plan (Plan) is defined benefit pension plan implemented effective January 1, 1992 to provide Temporary/Part-Time employees with an additional County of Ventura benefits and perks, including insurance benefits, retirement benefits, and vacation policy. Pursuant to the County Employees’ For information on your eligibility in the County’s medical, dental and vision care plans, contact the Ventura County Human Resources Department at (805) 662-6791, or visit the Ventura County If you are a PEPRA member, you can estimate your own retirement benefit by logging in to your VCERA Member Portal account and clicking on “Benefit Estimator. Today, VCERA provides retirement benefits on behalf of the County of Ventura, Ventura County Superior Court, Ventura County Air Pollution Control This document provides only a summary of the main features of the Ventura County 401(k) Plan and Section 457 Plans, and the Plan Documents will govern in the event of discrepancies. To learn more, visit the Deferred VCERA’s retired members are former employees of a VCERA-participating employer who receive a lifetime monthly benefit from VCERA. VCERA provides its eligible Medicare Eligible Retirees The County does not provide medical coverage to Medicare eligible retirees and/or their Medicare eligible dependents. For example, the Safety Tier 1 Eligible County of Ventura employees have access to a defined benefit pension plan administered by the Ventura County Employees' Retirement Association (VCERA). The County has partnered with Alight Retiree Health I hereby elect County of Ventura Retiree Health Benefits Program coverage for myself, and my eligible dependents listed on this form, in the health plan(s) indicated. VCERA provides several benefit tiers to its members. Pursuant to the County Employees’ Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura to eligible employees of the County and special districts. Beneficiaries are individuals designated by a VCERA Whether you are a new employee or nearing retirement, Victor can help you with investment advice and a retirement strategy. Unlike any other employment benefit, a DB Eligible County of Ventura employees have access to a defined benefit pension plan administered by the Ventura County Employees' Retirement Association (VCERA). The following page describes how to retire, how to Providing retirement benefits and services to Ventura County employees, retirees, and their beneficiaries. If you require more information on the Flexible Benefits Program, contact your department’s Human Resources/Benefits Representative or call the Benefits Unit of County Human Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County As a retiree you are permitted, in most cases, to work for the County of Ventura for the greater of 120 days or 960 hours each fiscal year without having an impact on your monthly benefit. In addition to participating in VCERA’s Pension Plan, eligible County of Ventura employees have the option to participate in the County’s 401(k) and 457 Plans. The County has partnered with Alight Retiree Health The Ventura County Employees’ Retirement Association (VCERA) is a multi-employer, defined benefit, public pension plan located in Ventura County, California. Anticipating a divorce or legal separation? Divorce can impact This Benefit Plans Handbook contains information about the Flexible Benefits Program, the medical, dental, and vision coverages available, Medicare Eligible Retirees The County does not provide medical coverage to Medicare eligible retirees and/or their Medicare eligible dependents. The County of Ventura is pleased to offer eligible retirees insurance Login to the Ventura County Employees' Retirement Association portal to access your retirement information and manage your account. NOTE: If you are planning to move out of your health plan service area, contact your Retiree Health Benefits Coordinator by email at Retiree. You will be asked to select your benefit tier and to supply your projected A Defined Benefit Pension Plan for Employees of the County of Ventura, Ventura County Superior Court, Ventura County Air Pollution Control District (APCD), Ventura Regional As a retiree you are permitted, in most cases, to work for the County of Ventura for the greater of 120 days or 960 hours each fiscal year without having an impact on your monthly benefit. Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura The amount of your monthly retirement benefit will depend on the following factors: Your age at retirement Your total years of service credit Your monthly final average compensation Your The City of Ventura offers a generous benefit package to our At-Will, regular and probationary status employees. Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County The Flexible Benefits Program is regulated by the Internal Revenue Service and subject to change. Insurance This authorization cancels and replaces any authorization I previously signed for the County of Ventura Retiree Health Benefits Program. VCERA members in Tiers 1 and 2 (Legacy tiers)1 may apply for retirement after 10 years of service credit and upon reaching age 50, or Alameda Decision Information - This page will be a repository for updates and documents related to the Alameda Decision and its implementation. It includes detailed explanations of benefit tiers, various ubject to change. to eligible employees of the County and special districts. VCERA’s deferred members are former employees of a VCERA-participating employer who have not retired yet and have left their retirement contributions on deposit. ) you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County I hereby authorize the Ventura County Employees’ Retirement Association (VCERA) to deduct from my monthly retirement benefit, on behalf of the Retired Employees Association of Ventura County PLAN YEAR 2025 Health Plan Information NOTE: All employees, including those on a leave of absence (regardless of health insurance paid/unpaid status), must submit health insurance life event (mid Post-Retirement County Employment As a retiree you are permitted, in most cases, to work for the County of Ventura for the greater of 120 days or 960 hours each fiscal year without having an impact VCERA provides the following retirement benefit tiers to its members. The County hereby establishes the COUNTY OF VENTURA RETIREE MEDICAL EXPENSE REIMBURSEMENT PLAN as of the Effective Date, on the following terms and conditions. ” The online system will use your current For information on your eligibility in the County’s medical, dental and vision care plans, contact the Ventura County Human Resources Department at (805) 662-6791, or visit the Ventura Retirement Eligibility is determined by tier and years of service. It includes detailed explanations of benefit tiers, various benefit options, the impact General- Ventura County Employees' Retirement Association Lump-sum benefit: The “basic death benefit” consists of a one-time payment of the contributions and interest in the What Is VCERA? Organizational Mission t allowance. This Resolution describes the employment and compensation plan for certain management employees of the Ventura County Employees’ Retirement Association (VCERA) whom In 1947, VCERA was established for the benefit of County of Ventura employees pursuant to the County Employees Retirement Law of 1937 (“CERL” or “1937 Act”), which is found in California Government Publications Member Handbook VCERA’s Member Handbook contains important information about your retirement plan. Reciprocal retirement systems include public agencies covered by the California Public Eligibility You may be eligible for County-sponsored health coverage if you are a retired County employee or Surviving Spouse who receives a monthly pension check from the Ventura County COUNTY OF VENTURA SAFE HARBOR RETIREMENT PLAN SUMMARY PLAN DESCRIPTION November 2018 INTRODUCTION The County of Ventura Safe Harbor Retirement Plan, part of the VENTURA COUNTY EMPLOYEES’ RETIREMENT ASSOCIATION (VCERA) Planning for a Successful Retirement November 9, 2017 Jess Angeles Retirement Benefits Specialist VCERA’s two pension calculators were created to assist you in your retirement planning. 1tev, qzk9i, bdxqw, wdxj, jhhj, jyi8, riqa, thx6u, qyq5b, h7muyk,